TAL Education Group (NYSE:TAL - Get Free Report) insider Alex Zhuangzhuang Peng sold 80,000 shares of the company's stock in a transaction on Monday, April 27th. The stock was sold at an average price of $10.86, for a total transaction of $868,800.00. Following the transaction, the insider owned 45,144 shares in the company, valued at approximately $490,263.84. The trade was a 63.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
TAL Education Group Trading Up 1.0%
TAL opened at $10.82 on Wednesday. The company's fifty day moving average price is $11.16 and its two-hundred day moving average price is $11.34. TAL Education Group has a 1-year low of $8.63 and a 1-year high of $13.37. The company has a market cap of $6.59 billion, a price-to-earnings ratio of 11.63, a PEG ratio of 0.93 and a beta of 0.15.
Institutional Trading of TAL Education Group
Several institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its stake in shares of TAL Education Group by 8.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 15,185 shares of the company's stock worth $170,000 after acquiring an additional 1,202 shares in the last quarter. Public Sector Pension Investment Board grew its stake in shares of TAL Education Group by 1.0% in the 4th quarter. Public Sector Pension Investment Board now owns 147,182 shares of the company's stock worth $1,606,000 after acquiring an additional 1,400 shares in the last quarter. HighVista Strategies LLC grew its stake in shares of TAL Education Group by 8.3% in the 3rd quarter. HighVista Strategies LLC now owns 19,600 shares of the company's stock worth $220,000 after acquiring an additional 1,500 shares in the last quarter. Greenleaf Trust grew its stake in shares of TAL Education Group by 5.1% in the 4th quarter. Greenleaf Trust now owns 32,625 shares of the company's stock worth $356,000 after acquiring an additional 1,597 shares in the last quarter. Finally, Mariner LLC grew its stake in shares of TAL Education Group by 11.3% in the 4th quarter. Mariner LLC now owns 15,964 shares of the company's stock worth $175,000 after acquiring an additional 1,623 shares in the last quarter. Institutional investors own 37.79% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on TAL. Wall Street Zen upgraded shares of TAL Education Group from a "hold" rating to a "buy" rating in a report on Sunday, March 8th. Zacks Research downgraded shares of TAL Education Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $13.77.
Read Our Latest Stock Report on TAL
TAL Education Group Company Profile
(
Get Free Report)
TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.
Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China's largest private education firms.
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